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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
The following tables set forth the Company’s financial assets measured at fair value on a recurring basis as of December 31, 2017 and December 31, 2016, by level within the fair value hierarchy. Assets measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement.
 
Fair Value as of
 
Fair Value Measurements Using Fair Value Hierarchy as of
 
 
 
December 31, 2017
 
December 31, 2017
 
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Valuation Technique
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
59,400

 
$
59,400

 
$

 
$

 
Market
Restricted cash
33,406

 
33,406

 

 

 
Market
Total
$
92,806

 
$
92,806

 
$

 
$

 

 
 
 
 
 
 
 
 
 
 
 
Fair Value as of
 
Fair Value Measurements Using Fair Value Hierarchy as of
 
 
 
December 31, 2016
 
December 31, 2016
 
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Valuation Technique
Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
68,055

 
$
68,055

 
$

 
$

 
Market
Restricted cash
65,441

 
65,441

 

 

 
Market
Available-for-sale securities
17,630

 
17,630

 

 

 
Market
Total
$
151,126

 
$
151,126

 
$

 
$